20520 South Western Avenue

Torrance, CA 90501

$2,480,000
Price
12
Beds
12
Baths
5,530 Sq. Ft.
$448 / Sq. Ft.
5,530
Sq. Ft.
$448
per Sq. Ft.

Description

A rare find newer 4-unit income property built in 2017. Newer modern townhouse-style with 2-car attached garage for each unit. All 4 units have 3 ensuite bedrooms. An incredible unique investment property that generates great income with 4.72% cap rate and low maintenance cost to the owner. Tenants pay their own utilities including water and trash. Separate electricity, gas and water meter for each unit. This property is located in very convenient location. Close to old town Torrance where features...A rare find newer 4-unit income property built in 2017. Newer modern townhouse-style with 2-car attached garage for each unit. All 4 units have 3 ensuite bedrooms. An incredible unique investment property that generates great income with 4.72% cap rate and low maintenance cost to the owner. Tenants pay their own utilities including water and trash. Separate electricity, gas and water meter for each unit. This property is located in very convenient location. Close to old town Torrance where features many nice restaurants and shops. There are 2 buildings on the property; each building has 2 units. The main level offers an open living room, a modern kitchen and one bedroom with its own bathroom. The upper level has two ensuite bedrooms, storage areas and balconies. Laminated floors throughout. Each unit has an attached 2-car tandem parking garage with a laundry closet. There are fenced front and backyards with gated driveway.
  1. Listed by Jackie Wang-Dojiri • DRE #01097324 • Brokerage DRE #01879720 • RE/MAX Estate Properties • 310 999-8812

Property Details for 20520 South Western Avenue

Parking Spaces Total
4
Private Pool
No
Cooling Type
Central Forced Air
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
5530
Assessor Parcel Number
7351-007-034
LISTING UPDATED: 12/06/2024 01:14 PM

Property Details for 20520 South Western Avenue

StatusActive
MLS #PV24227444
Days on Market55
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2017
Lot Size0.14 AC / 6,084 SF
CountyLos Angeles County

Building

20520 S Western Ave

3 StoriesBuilt in 2017

Building Information for 20520 South Western Avenue

Stories3Residences-Year Built2017Building Size-Lot Size0.14 AC / 6,084 SF

Property Information for 20520 South Western Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $156,240
  • Vacancy Allowance: 3125
  • Vacancy Allowance Rate: 2
  • Gross Operating Income: $153,115
  • Net Operating Income: $117,109
  • Cap Rate: 4.72
Expense Details
  • Operating Expense: $36,006
  • New Taxes Expense: $29,760
  • Gardener Expense: $720
  • Licenses Expense: $275
  • Electric Expense: $450
  • Insurance Expense: $2,351
  • Maintenance Expense: $2,000
  • Trash Expense: $0
  • Water Sewer Expense: $450
  • Total Expenses: $36,006
Tax / Assessment Info
  • Tax Block: 52
  • Tax Tract Number: 4983
  • Tax Census Tract: 2920.01
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 26
Community / Development
Community / Development
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, In Garage, Washer Hookup
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
Exterior Features
  • Entry Location: front door
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Back Yard, Front Yard, Level with Street, Sprinklers In Front
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Topography: Level
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $3,350
  • Unit Type Total Rent: $40,200
  • Unit Type Pro Forma: 3350
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $3,270
  • Unit Type Total Rent: $39,240
  • Unit Type Pro Forma: 3350
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $3,200
  • Unit Type Total Rent: $38,400
  • Unit Type Pro Forma: 3250
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $3,200
  • Unit Type Total Rent: $38,400
  • Unit Type Pro Forma: 3250
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number With Dishwasher: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Number With Disposal: 4

Property History for 20520 South Western Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 20520 South Western Avenue

Taxable ValueLand$1,003,965Additions$1,269,458Total$2,273,423
Tax Record2024$28,422 ($2,369 / month)
Home Facts
Total Finished SqFt5,530 SqFtAbove Grade Finished SqFt5,530 SqFtLot Size6,083 SqFtStyleQuadraplexYear Built2016ZoningLARD1.5CountyLOS ANGELESAPN7351-007-034

Schools near 20520 South Western Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Charter - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Puc Lakeview Charter Academy
Charter6 to 8

Nathaniel Narbonne Senior High School
Public9 to 12

Puc Lakeview Charter High School
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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20520 South Western Avenue is a multi-family home for sale in Torrance, CA 90501. This property was listed for sale on November 23, 2024 by RE/MAX Estate Properties, it's currently listed at $2,480,000. It has been on the market for a total of 55 days and was last sold on February 1, 2018. This listing's school district is Los Angeles Unified School District. Nearby schools include One Hundred Eighty-Sixth Street Elementary School, Puc Lakeview Charter Academy and Nathaniel Narbonne Senior High School. 20520 South Western Avenue is a 12-bed, 12-bath, 5,530 sqft multi-family home built in 2017.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Estate Properties, Jackie Wang-Dojiri, DRE #01097324

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.